Tag: F

February 14, 2020

Bank Credit

What is a Bank Credit?Definition‘Bank Credit’ is a financial term used to refer to the amount of money a business or individual can borrow from a bank. It is also referred to as the money tha...

February 14, 2020

Bank Confirmation Letter (BCL)

What is a Bank Confirmation Letter (BCL)?DefinitionA bank confirmation letter is a letter that confirms an established loan or line of credit with a financial institution. It is a letter gotten f...

February 14, 2020

Bandwagon Effect

What is Bandwagon Effect?DefinitionThe Bandwagon effect is a term used when a person or group of people act in a certain way or do something majorly because other people are doing it not necessar...

February 14, 2020

Bank Bill Swap Rate (BBSW)

What is Bank Bill Swap Rate (BBSW)?DefinitionThe bank swap rate, also known as Bank Reference Rate, is the rate banks charge to lend money to each other in Australia. In the happening of an unexp...

February 13, 2020

Bear Trap

What is Bear Trap?DefinitionA bear trap is a financial term used to describe a situation wherein, investors who sold short at the bottom of a down cycle get “trapped” at an unexpected reversal of ...

February 13, 2020

Baltic Dry Index (BDI)

What is Baltic Dry Index (BDI) in Finance? DefinitionThe Baltic Dry Index is a measure of the cost of shipping out raw materials such as steel, iron ore, coal, cement, etc. It is a shipping ...

February 13, 2020

Ballpark Figure

What is the definition of a Ballpark Figure?DefinitionA ballpark figure, also known as order of magnitude, is a numerical approximation or estimate of the value of a thing to fall within a particular ...

February 13, 2020

Balloon Payment

What is the definition of a Balloon Payment?DefinitionA balloon payment is a financial term used to describe the lump sum payment attached to a loan, mortgage, or commercial loan. This payment is...

February 13, 2020

Balanced Scorecard

What is a Balanced Scorecard?DefinitionA balanced scorecard (BSC) is a strategic planning and management metric used by organizations to effectively communicate their goals and targets, organize ...

February 13, 2020

Bearer Bond

What is Bearer Bond?DefinitionA bearer bond is a bearer or holder owned fixed-income security. Just like the bearer share which is a physical stock certificate owned by a current holder, a bearer...